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Extra Credit for Chapter 4. A to receive erudit. . Cameron designutes 10%% of his monthly car gs as che deducting this amou its amount, he deposits $% of the re mount into a money market account carning 2%. If Came gs are $4,800 what am runt interest will he carn on his deposit each month? 2. Find the maturity value for a loan on $4,225 at 8% made on March 5 and due on May 5 of the same year. Assume a 365-day year. 3. Republic Bank advertises their interest rates at 7 1/2 %. You decide to apply for a loan in the amount of $9,000 for 90 days. The bank grants your loan and the loan officer tells you that there is a document preparation fee of $150 that needs to be paid at the time you sign the documents for the loan. Find the APR. Assume a 360-day year. 4. You took out a loan of $5,000 on May 2 and went back on June 15 to make a payment of that payment? $1,200. The loan was at 4% for 1 year. What was your remaining balance after making